Rosneft and Hyundai Heavy to manufacture large tankers
Business & Economy
September 03, 2016, 8:55
Rosneft andHyundai Heavy will create a joint venture for manufacturing large tankers, according to Rosneft CEO
VLADIVOSTOK, September 3. /TASS/. Rosneft and South Korea's Hyundai Heavy are going to create a joint venture for production of large tankers with Russia having a controlling stake, Rosneft CEO Igor Sechin told journalists.
"Together with Hyundai Heavy we are creating a joint venture to design and manufacture large-capacity Aframax tanker that will work on natural gas," Sechin said after the ceremony of signing the agreement.